Institutional Obstacle and Avoidance in National Social Security Fund Participating in Listed Corporation Financial Governance

摘要：

Chinas national social security fund (NSSF) had special preference on long term income. As an important investor in stock market,NSSF should carry out stockholders duty and right,which participated in corporate financial governance positively. The Chinese government strictly restricted the investment proportion of NSSF investing one enterprise out of consideration of dispersing risk. To some extent it restricted the possibility of NSSF participating in listed corporation governance. On the premise of complying with the laws,NSSF could organize investment portfolios,which held stock shares of the same corporation,to participate in corporate financial governance. The NSSF investment portfolios also could participate in corporate financial governance positively with other securities investment fund that held the same stock shares.

关键词： national social security fund (NSSF) corporate financial governance institutional obstacle

作者: Bo Yang

作者单位: Business School,Jianghan University,Wuhan,430056,China

会议类型: 国际会议

会议名称: The Tenth Wuhan International Conference on E-Business(第十届武汉电子商务国际会议)

会议地点: 成都

会议语种:英文

页码: 967-970

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）